The Oscillator Extremes indicator plots the normalized positioning of the selected oscillator versus the Bollinger Bands' upper and lower boundaries. Currently, this indicator has four different oscillators to choose from; RSI, CMO, CCI, and ROC. When the oscillator pushes towards one extreme, it will bring the value of the prevailing line closer to zero. If...
💡 Objective This script is a rebuild of the pre-existing ATR indicator, with improvements and fine-tuning. 🪄Improvements 1. Normalization option (range 0 to 100) 2. Optional calculation of the ratio between current volatility and average volatility 3. Optional smoothing 4. Show a moving average 5. Show Bollinger Bands with 3 bands 6. Change bar...
I was asked to do one of those, so here we go... As always free and open source as it should be. Do not pay for such indicators! A WaveTrend Indicator or also widely known as "Market Cipher" is an Indicator that is based on Moving Averages, therefore its an "lagging indicator". Lagging indicators are best used in combination with leading indicators. In this...
Fill Bollinger Bands - Based on Didi's Needles Setup Fill Bands: True Fill Bollinger Bands BB Open Upper: Open Bollinger Bands and MA Base rising BB Open Lower: Open Bollinger bands and Base MA falling BB Parallel Upper: Parallel and rising bollinger bands BB Parallel Lower: Parallel and falling bollinger bands BB Close: Closed Bollinger...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- I would like to take the time to explain the indicators needed for trading among the two indicator formulas previously disclosed. The HA-MS indicator is an indicator created using the Heikin...
Hello! This is simply Bollinger Bands calculated with HMA! Heres a recap on both. The Hull Moving Average (HMA) attempts to minimize the lag of a traditional moving average while retaining the smoothness of the moving average line. Developed by Alan Hull in 2005, this indicator makes use of weighted moving averages to prioritize more recent values and greatly...
Bollinger Band is simply a representation of the rolling average of price and its standard deviation around the average (called the "basis"). This indicator generalizes the Bollinger Band by implementing many different equations to calculate the Bollinger Bands beyond the standard deviation and sma, and then plot the %B (where the current price falls inside the...
Bollinger Band is simply a representation of the rolling average of price and its standard deviation around the average (called the "basis"). This indicator generalizes the Bollinger Band by implementing many different equations to calculate the Bollinger Bands beyond the standard deviation and sma. Whereas other Bollinger Bands indicators often just change the...
Credit to all of the developers on this project (aka all of the places I got the code from lol) @eylwithsteph @storma @Fractured @lejmer @AlexGrover @Montyjus @Jiehonglim @StephXAGs @peacefulLizard50262 @gorx1 @above-c-level This script utilizes @above-c-level 's Student's T-Distribution script to give us a great estimation of volatility. I took this idea and...
This script is a combination of the RSI, QQE and BB Here is an explanation on how I combined them, and how they are used: - RSI (Relative Strength Index) - Display a smoothed version of the RSI to identify "oversold" and "overbought" market phases - Used to calculate a QQE - QQE (Quantitative Qualitative Estimation) - Used to identify trend...
This is a strategy using Bollinger Bands. The strategy is predicated around having low volatility in price action and then looking to capture a move when price starts to trend outside of the Bollinger bands. This strategy has only been backtested for 1 month but it has promising results so I will be sharing it looking for feedback. I run this strategy on the ERUSD...
Power of Stocks - Bollinger band & 5ema Strategy In this script you get to take Buy/Sell trades using the 3 options mentioned below.(Alerts with price levels for buy/sell at , SL & Target are included in this one) 1. Combined Strategy :- uses confirmation from both strategies to trade. 2. Bollinger band Strategy :- use the Bollinger band Strategy to...
This indicator is best suited for mean reversion trading, shorting at the upper band and buying at the lower band, but it can be used in all the same ways as a standard bollinger band. It differs from a normal bollinger band because it is centered around the linear regression line, as opposed to the moving average line, and uses the linear regression of the...
============ ENGLISH ============ - Description: This strategy is based on Bollinger Bands / Keltner Channel price "rebounds" (the idea of price bouncing from one band to another). The strategy has several customizable options, which allows you to refine the strategy for your asset and timeframe. You can customize settings for ALL indicators, Bollinger Bands...
Indicator for the "Patrón Poderoso" strategy. This strategy is based on Bollinger Bands and RSI and try to determine overbought or oversold zones where you can trade. Both indicators are combined to provide a stronger signal. By default, it is considered an overbought zone when price is over BB upper and RSI above 80. That would be a short signal. Price below...
This indicator is intended for intraday use from the daily timeframe down to the 1 minute. Outside this range, the indicator won't work as intended. Higher timeframe moving averages are step-lines as they use values from higher timeframes to calculate the moving average. To have a smoother moving average from higher timeframes plotted on lower timeframes, this...
this indicator serves to differentiate the classic source of MACD and add the: DYNAMIC MACD and DYNAMIC BAND with these inputs you can modify the inputs of the different Bar's, you can choose between: Candles = classic Candles Heikin Hashi Kagi Line break Pointfigure Renko To use the Dynamic Macd and Band just check the box: Use Dynamic Rsi???...